Info
Info

Himax Technologies Rebukes Motley Fool Article

 

Himax Technologies, a supplier and fabless manufacturer of display drivers and other semiconductor products, today responded to what they say is a false and misleading article, Why Himax Technologies Is Struggling, published by Motley Fool, an online stock commentary blog, dated September 6, 2018. The article has subsequently been picked up by major public portals such as Nasdaq, Yahoo Finance, etc, and spread out in the investor community. The Company cautions investors that the Motley Fool article contains false and misleading information.

The Company expects TDDI will contribute substantial year-over-year growth for 2018 and 2019. Furthermore, Himax expects its WLO shipment to its anchor customer will increase substantially throughout the second half of this year and represent significant growth versus 2H17 and sequentially, versus the first half of 2018. Contributing to its growth expectations, Himax citied its strong pipeline of new WLO R&D projects with the anchor customer and other tier-1 customers.

For Android smartphones, Himax also believes its recently announced Active Stereo Camera (ASC) 3D sensing solution, jointly developed with MediaTek and Megvii for mass market models, and the Qualcomm/Himax jointly developed structured light 3D sensing solution for high end smartphone models will facilitate a broader adoption of 3D sensing on Android smartphones during 2019. The Company targets to begin 3D sensing product shipment towards the end of the year or early 2019 with major ramp in 2019.

“Our business is strong and strategic initiatives remain on track. In fact, our shipments of WLO products are accelerating in 3Q18 and the shipment of 3D sensing products will start towards the end of the year or early 2019. We are very excited about the promising outlook for TDDI, WLO and 3D sensing businesses in the second half of 2018 and leading into 2019. We are more optimistic than ever about the growth opportunities of all three product segments. TDDI, WLO and 3D sensing will significantly contribute to the Company’s top and bottom lines as they represent higher average sales prices (ASPs) and profitability than its traditional display driver IC business," said Jordan Wu, President and CEO of Himax.

SiTime And Bosch Accelerate Innovation In MEMS Timing For 5G And IoT
New Material Could Improve Efficiency Of Computer Processing And Memory
Sensirion Announce Strong Revenue Growth In First Half-year 2018
Infineon Expands U.S.-based IoT Security Research And Development Programs
Infineon Adds 200 V Half-bridge Gate Driver IC For Reliable Start-up Operation
UGent And Imec Launch Fiber Optic Sensing Spin-off Sentea
Himax Technologies Rebukes Motley Fool Article
Teledyne E2v’s Emerald 12M And 16M Image Sensors Enter Mass Production
Palomar Technologies Awarded ISO 9001:2015 Certificate
Brewer Science Announces RDL-first Fan-out Packaging Material
VTT Is Ranked Fourth In The World's Largest Research Funding Programme
NXP Acquires OmniPHY To Accelerate Autonomous Driving And Vehicle Networks
Thermco Systems Expands Global Operations With Acquisition Of CSD Epitaxy
Helium Leak Detector Solutions
Chroma Offers Semiconductor Test Solutions
Murata Invests In MEMS Sensor Manufacturing
GLOBALFOUNDRIES Reshapes Technology Portfolio To Focus On Differentiated Offerings
Rudolph Technologies Launches Second-gen Inspection And Metrology System
Nova's Materials Metrology Solution Selected For 5nm Technology Node
KLA-Tencor Expands IC Packaging Portfolio
Imec.xpand Raises EUR 117 Million To Invest In Innovative, Early-stage Ideas
Healthcare Transformation: A Business Opportunity For BioMEMS
NanoScientific Symposium On Scanning Probe Microscopy (SPM)
China’s Semiconductor Fab Capacity To Reach 20 Percent Worldwide Share In 2020

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info